- Is the European crisis over or just beginning? (Hint: credit default swaps)
- For Greece a bailout; for Europe perhaps just an illusion
- For Boomers its a new era of ‘work ’til you drop’
- When bosses attack, send them to the gym
- China manufacturing data suggests 4th month of contraction in February
- France poised to approve financial transaction tax (applicable to High Frequency Trading and Credit Default Swaps)
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Cory’s Chart Corner
Load MoreMany will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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For those boomers who must work till they drop, too bad they didn’t pick up the cheap gold in the 300-400 range about 10 years ago. In case no one has noticed, but it has risen above the key 1,764 level. This is a key level not to be dismissed lightly.
Unexpected central bank accumulation with strength in the 1,710-1,720 range bodes well. Boomers are not going to far too well I am afraid. The world is about to get very inflationary. How about 50 cent postage? $ 4.25 per gallon? Prius time.
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